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While many venture capitalists might hope to fund the next Amazon or Shopify, Crossbeam is a new firm focused on backing the startups built on top of these platforms. And it recently closed its $25 million first fund. We’ve written about well-funded startups like SellerX, Perch and Heroes tha

Apple has planned new upgraded MacBook Pros for launch “later this year” according to a new report from Bloomberg. These new models would come in both 14-inch and 16-inch sizes, with new and improved Apple Silicon processors like those that Apple debuted on the new MacBook Air and 13-in

Amazon is selling access to the underlying technology stack of Alexa to let companies — starting with Fiat Chrysler Automobiles — build their own intelligent assistants with unique voices, skills and wake words. The new Alexa Custom Assistant product, which was announced Friday, can coexist and

In mid-October, a little-known but critically important domain name for one country’s internet space began to expire. The domain — scpt-network.com — was one of two nameservers for the .cd country code top-level domain, assigned to the Democratic Republic of Congo. If it fell into the wro

Twitter has set out its plans for US Inauguration Day 2021, next Wednesday, January 20, when president-elect Joe Biden will be sworn into office as the 46th US president and vice president-elect Kamala Harris will become VP. “This year, multiple challenging circumstances will require that mos

After a troubled year that saw broadband satellite operator OneWeb file for bankruptcy, get rescue finance from the U.K. government and Bharti, and then emerge out of that with a launch of part of its fleet last month, the London-based company today announced that it’s closed $1.4 billion in

Chinese smartphone maker Xiaomi is the latest to be added to the Trump administration’s military blacklist. On Thursday, the Department of Defense added nine companies to its list of alleged Chinese military companies, including Xiaomi. Xiaomi was the world’s third-largest smartphone ma

As expected, shares of Poshmark exploded this morning, blasting over 130% higher in afternoon trading from the company’s above-range IPO price of $42. The enormous and noisy debut of Poshmark comes a day after Affirm, another IPO, was treated similarly by the public markets. Both explosive de

Samsung lowers prices with its latest Galaxy S phones, Google completes its Fitbit acquisition and Beyond Meat is coming to Taco Bell. This is your Daily Crunch for January 14, 2021. The big story: Samsung unveils Galaxy S21 line Samsung’s new line of phones includes the S21,

Capsule, a video Q&A platform aimed at brands, emerged last year in direct response to the challenges companies were facing in terms of reaching consumers during the pandemic. Now, the business has closed on $2 million in pre-seed funding. The round was led by Array Ventures and included parti

Previously, we introduced the concept of flexible VC: structures that allow founders to access immediate risk capital while preserving exit and ownership optionality. We list here all the active flexible VCs we have identified, broken into these categories: Revenue-based Compensation-based Blended

Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 mlion. The most important here is probably the acquisition of Homeowners of America for $100 mlion, which gets Porch deeper into the home insurance space. In addition, Porch is also

According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners XIV that it expects to close in March. The fund is Tiger Global’s thirteenth venture fund,

It’s official. 2020 was one of the warmest years on record, either edging out or coming in just behind 2016 for the warmest year in recorded history according to data from U.S. government agencies (The National Aeronautics and Space Administration had the year just tied with 2016, while the N